EOS hit the peak at a few cents short of four dollars ($3.945) on the 9th of September but currently trades at a lower point of three and a three-quarter dollars ($3.728) at the time of writing.

The overall price movement during the last seven days gave EOS an over twelve percent (12.09) boost, reveals a Cindicator report Cryptopolitan.com has received. EOS is among the only three currencies performing in the positive zone out of the top ten (10) currencies by market capitalization.

EOS price breaks through against BTC

EOS price analysis reveals that the cryptocurrency has seen a massive development against the king of cryptocurrency Bitcoin (BTC).

The price action was moving in a downward wedge that has been successfully broken after the recent rally, and now EOS is going one way only, Up! At least for the time being.

However, EOS rallies and price gain during the previous week is just one contributing factor.Bitcoin price is also dwindling, and that is another factor that contributes to not only EOS but several other cryptocurrencies’ success as well.

The EOS price has jumped from three thousand three hundred satoshis (3300) to the three thousand six hundred satoshis (3600) satoshis at the time of writing.

While during the week, EOS hit the three thousand eight hundred satoshis (3800) on the 9th of September.

Advertisements

About The Author

Journalist, Writer, Editor, Researcher, and Strategic Media Manager With over 10 years of experience in the digital, print and public relations industries, Saad has been working with the mantra, Creativity, Quality and Punctuality. In his waning years promises to build a self-sustaining institute that provides free education. Carrying a diverse portfolio he has studied and written on topics related to cyber crimes, scams, blockchain, and cryptocurrencies.